4749 PORTLAND AVE MINNEAPOLIS MN 55407

PID: 1402824220102

Property Overview

Parcel ID1402824220102

Lot Size4,727 sq ft (0.109 ac)

Lot Dimensions (est.)118 ft wide × 40 ft deep

Year Built1915

Property ClassRESIDENTIAL

OwnerVICTOR ROMAN HELEY

Assessed Value$210,000

Land Value$107,000

Building Value$103,000

Annual Tax$2,853

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

2 permits on record since 2023 · $29K total declared value · Most recent: Jan 2024 (misc)

MiscJan 2024Closed

$18K

North Stars LLC

MiscDec 2023Cancelled

$11K

LEGACY RESTORATION LLC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Field · Minneapolis

Median reported rent1,858/mo

Renter-occupied11.4%

Median home value$326K

Vacancy rate2.9%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1109

Market Snapshot

Zip code 55407

Median sale price$340K+1.5% YoY

Median price / sqft$214/sqft

Median days to close22 days

Active listings49

Source: Redfin Data Center (Invalid Date) · Zip 55407

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth78 ft

Area~2,345 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on sfr / adu benchmarks for 2,345 sqft buildable area.

Est. units

Yield on cost

1.5%

Spread

-4.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4745 PORTLAND AVE MINNEAPOLIS MN 55407	ELLEN C THOMAS	RESIDENTIAL	$282,000	40 ft
4753 PORTLAND AVE MINNEAPOLIS MN 55407	C ROBINSON & M SUMMERS	RESIDENTIAL	$389,300	50 ft
4741 PORTLAND AVE MINNEAPOLIS MN 55407	AMANDA STAHL & MEGAN LETICH	RESIDENTIAL	$360,200	80 ft
4737 PORTLAND AVE MINNEAPOLIS MN 55407	J DOOLEY & H SMITH	RESIDENTIAL	$589,400	120 ft
4748 OAKLAND AVE MINNEAPOLIS MN 55407	G T CARLIN & J L GOALEN	RESIDENTIAL	$417,000	132 ft
4744 OAKLAND AVE MINNEAPOLIS MN 55407	H HENDRIKS & J D WITTMAN	RESIDENTIAL	$348,200	138 ft
4752 OAKLAND AVE MINNEAPOLIS MN 55407	S W SEN & K B SEN	RESIDENTIAL	$581,300	141 ft
4740 OAKLAND AVE MINNEAPOLIS MN 55407	SKYLAR KNIGHT/SARAH MILLIGAN	RESIDENTIAL	$365,400	155 ft
4801 PORTLAND AVE MINNEAPOLIS MN 55417	JEFFREY P GROSSCUP ETAL	RESIDENTIAL	$549,700	159 ft
4733 PORTLAND AVE MINNEAPOLIS MN 55407	LORI A GARDUNO	RESIDENTIAL	$338,900	160 ft

Property History

Current Tax Year

Year2026

Tax Due$2,853